The Economic Times

Why is gold price rising by 1.2% and will it touch $5,000 mark again in next jump and $6,000 this year? Gold rise, analysts insights and market outlook explained. Here's what should investors do now

Gold rose 1.2% to $4,979.49 per ounce, rebounding from a near one-week low. Investors await U.S. inflation data to gauge interest rate direction. Analysts discuss whether gold will surpass $5,000 soon and reach $6,000 later this year amid central bank buying and market volatility.